IIR Industry Alert: New Plant Start-ups for the Chemical Processing Industry During the First Half of 2002 On Target

We have researched thousands of chemical plants over the years and have found that many chemical plants have shutdown, but during the process there have also been a vast amount that have started up in the year 2002...

(PRWEB) June 29, 2002 -June 18, 2002-Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Industrialinfo.com identified fourteen (14) new chemical plants that started operations during the first half of 2002 and anticipates that only one or two more will start-up through the end of June. The first half of 2002 has proven to be a slow start for the chemical industry as many expected.

"Estimates early in the year indicated the CPI (Chemical Processing Industry) would see as many as 35 grassroot plants begin operations in 2002 and despite a slow start to 2002, it appears that we might be on target," commented Trey Hamblet, Chemical Group Manager with Industrialinfo.com.

For more information on this trend view the entire article at www.industrialinfo.com.

Established in 1983, Industrial Information Resources Inc. (IIR) is a leading information source for marketing intelligence covering the industrial process, manufacturing, and energy related markets. IIR products include: Project Leads, Plan Databases, Market Analysis and Statistics, Industry Forecast and Software Solutions. For more information on trends and upcoming construction activities in the Chemical Processing Industry (CPI) markets as well as other industrial sectors send inquiries to chemicalsgroup@industrialinfo.com or visit us at www.industrialinfo.com.